North Quabbin Opportunity Housing Inc

Analysis

North Quabbin Opportunity Housing Inc is a registered charity in United States, based in Turners Falls, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Quabbin Opportunity Housing Inc reported income of $144k and spending of $233k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $144k (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 166% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, North Quabbin Opportunity Housing Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Partner for People & Place ($144k), Jaycee View Housing Inc ($144k) and Roseland Village Inc NFP ($144k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.6m against liabilities of $3.6m, net assets of -$996k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.